Delinquencies Hit Lowest Rate Since January 1999
Delinquencies dropped again in January to their lowest rate since at least January 1999 thanks to home price appreciation and the strong jobs market, according to CoreLogic’s monthly Loan Performance Insights Report for January 2022. Only 3.3% of all U.S. mortgages were in some stage of delinquency, a 2.3% drop YOY. January marked the tenth…